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The Western Conference of Teamsters (WCT) Pension Plan was established in 1955 through collective bargaining between labor and management. Today your Plan is the largest area-wide multiemployer pension plan in the United States.
Employer-Union Pension Certification Form; PEER Resources. Agreement Acceptance Policy; Employer Contribution Rates; Benefits for Your Members; Types of Contributions; Plan Advantages; Letter from Union Chairman; 401k vs WCT Pension Plan; Forms and Documents; Employers. One Plan, Many Industries; Bargaining Party Info. Important Announcements ...
Download the WCT Pension Plan Document, Summary Plan Description, Agreement & Declaration of Trust, Form 5500, Actuarial Report, PPA Actuarial Certification with Explanation, Annual Funding Notice and Notice to Employers & Unions.
Employer-Union Pension Certification Form; PEER Resources. Agreement Acceptance Policy; Employer Contribution Rates; Benefits for Your Members; Types of Contributions; Plan Advantages; Letter from Union Chairman; 401k vs WCT Pension Plan; Forms and Documents; Employers. One Plan, Many Industries; Bargaining Party Info. Important Announcements ...
The Plan Summary explains the important provisions of the Western Conference of Teamsters Pension Plan (WCTPT), including changes made in recent years, and replaces earlier summaries. It helps you understand what you need to know and do for you and your family to get the most from your Plan benefits.
Basic Introduction to the WCT Pension Plan. Answers to common questions about the WCT Pension Plan for prospective participants and employers. WCT Pension 65th Anniversary. The Plan has endured and prospered following important founding principles. Your Plan's Key Advantages. Why this Teamster pension plan remains strong and secure. Plan Trustees
How the WCT Pension Plan Compares to a 401(k) NEW. This ten-year analysis shows how the WCT Pension Plan outperforms a 401(k). Plan Forms and Documents for Participants. View and print fillable Plan forms and documents
Basic Introduction to the WCT Pension Plan Buying Power of Approved Bonus Accruals Agreement & Declaration of Trust NEW Hours Limits Relaxed for Post-Retirement Employment Notice of Election of Special Funding Rules Under the Pension Relief Act of 2010 How the WCT Pension Plan Compares to a 401(k) IRS Determination Letter dated June 30, 2015
This section explains what you need to know to apply for your retirement benefits. It describes the documents and forms you must provide before you can receive benefits and how to choose your pension effective date. The following section, How Retirement Benefits are Paid, explains how benefits are paid and how to choose your payment options.
Your pension grows with each year of covered work. If you retire after age 65, you also qualify for a late retirement factor that gives you an even higher benefit for the time you wait to retire after age 65 ( click here to see how your late retirement factor increases ).